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Article: Spanish unemployment rising again.
- Article from:
- United Press International
- Article date:
- November 14, 2001
CopyrightCOPYRIGHT 2001 United Press International. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Nov 14, 2001
"Spain is doing OK [Espana va bien]," is no longer Spanish Prime Minister Jose Maria Aznar's modestly triumphant motto. The truth is that Spain is not doing as well as it used to not long ago.
It was recently disclosed that unemployment jumped by 51,452 people from September to October, and by 100,000 year-on-year (or 0.64 percent). That is the worst data related to employment, in absolute terms, since Aznar was elected in 1996.
Unemployment jumped to 9.11 percent in October, or 1.54 million people, the first time since last May that the 1.5 million jobless bar has been exceeded. Secretary General for Employment Juan ...